ChainlinkLINK/USDT looking Bearish in WEEKLY & 4h CHART until Strong Support Zone arround 6.70-7.20 good luck!
Chainlink
Link is near the strong supportI see good buy opportunity in the zone $6.50 - $ 9.00
for the mid term it can see a bonus from these levels
it's already 80 percent down from ATH.
LINK Spot Zones“I am always prepared to do the right thing regardless of what other people think.”
-- Bill Ackman
1W WK #18RU v.s. UKR / CZ Covid-zero & TW tension / U.S. inflation / global markets overvaluation of assets
Post 2020 there has been no scenario where crypto comes out ahead of until global correction of all markets.
(hopefully this doesn't play out but never say never)
static reference
Chainlink Bearish till End of MayHigh of $15 only!!! After that, Expect a Low of $8 around the 3rd week of May or Beginnjng of June.
Chainlink Price Analysis — May 4As mentioned earlier, Chainlink has fallen to its lowest point in over 17 months, as the DeFi giant slumped below the $11.00 mark. After a sideways open to the week, LINK now appears to be gaining some upward traction, as it tapped the $11.50 top for the first time in four days.
That said, the broader market sentiment has received a mild boost over the hours as traders hold ahead of the much-anticipated US Fed interest rate decision, dropping later today.
LINK will remain in a bearish bias until we record a break into the pivot zone at $15, which also houses the daily 100 EMA.
Meanwhile, my resistance levels are at $12.00, $15.00, and $17.50, and my support levels are at $11.00, $10,00, and $8.00.
Total Market Capitalization: $1.76 trillion
Chainlink Market Capitalization: $5.3 billion
Chainlink Dominance: 0.30%
Market Rank: #25
#Chainlink / EuroLINK lost the trend line 3x and in case it continues to break down the next fibo level is 0.5 which gives a nice entry around 7.80 euros
LINKUSDT long postion Possibilityall you need to know is in the chart
look closely and make your position smartly
this is just my idea and not a financial advice
LINKUSD - Breaking down lowerThe price has broken down the Fib Channel 78.6% level, and it is anticipated to get down to the 100.0% (from the top) in the near future which would bring the price to around $8-$9 per Chaninlink token.
To draw this Fibonacci Channel, the main trend line connects local high points.
If the price does not hold this level ($8), the 123.6% Fib level could be the next support level.
RSI has been descending and getting closer to strong support.
**This is not Financial Advice**
In my opinion, it could be a very good accumulation opportunity for LINK lovers.
chainlink (Long setup)Chainlink (D1)
Chainlink (#LINK) is currently sitting in a massive trendline support. Stoch. RSI Shows bullish divergence and i am waiting for a Bounce confirmation from here...📈
Chainlink (LINK) - April 27hello?
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(LINKUSDT 1W Chart)
Support: 11.31-14.49
Those below 11.31 are highly likely to enter the mid- to long-term investment area.
(1D chart)
The 11.31-14.49 section is an important support section.
If it declines in this section, it is highly likely to enter the mid- to long-term investment area, so careful trading is required.
So, if possible, I would recommend buying when it has solid support and starts to rise.
(buy)
- After confirming the support in the section 16.15-16.87
(Stop Loss)
- When it falls below 14.49 and receives resistance
- When it falls below 11.31
(Sell)
- When receiving resistance near 20.84
- When receiving resistance in the section 27.20-30.38
(buy)
- After confirming that it is supported by 11.31 or higher
(Stop Loss)
- When it falls below 9.87
(Sell)
- When receiving resistance near 16.87
- When receiving resistance near 20.84
If it rises to the 27.20-30.38 section, a sharp rise is expected.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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#btcstarburst To Early To Call The Bounce?So on the 15th on March we were in the exact same spot… The market has definitely made a move. Going back to see dramatic movement on days in multiples of 5 we definitely could see a major shift here… Could this be an opportunity for a long, hmmmm… DCA safely ( there are many patterns setting up for opportunities that are great projects like Chainlink, Polkadot, Eth, ADA and possibly ICP not sure about this one but this actually could play out to be successful for many people). Since Bitcoin pulls the market…. This is a GANN study The map of resistance and support has been playing out pretty significantly.
quick look on link daily TFif link can break the bearish TL and then retest , it can be a good spot to get in , what do think?
LINK 3 day looking to make a bullish move from the DeMark 9LINK 3 day chart is looking great.
This chart has to turn bullish...its way
oversold, STOCH has to curl up, and
DeMark 9 Indicator has read the bottom
2 times perfectly. Watch for those 3 golden
pockets for Price retracements on the way up
to over $100+
ChainLink Long analysisChainlink swing long trade Idea
We're about to see this high capped underperfprmer tap into its last bullish OB where would be expecting to see the bulls step up and take this coin to at least 15$
$8, $11 or $17 next for Chainlink ?Hello all. As the entire market, so does chainlink has approached a moment of decision.
As we look at weekly timeframe. we see that link trades below the weekly ascending line of support (yellow line). At the same time, the current price trades below the 50 week EMA and also inside a descending channel(orange lines).
The 200 week EMA sits at approximately $11 and the bottom of the descending channel at $7. Both of these levels also correspond with previous levels of support.
In case the market sees a correction or a slight drop, these are the levels I believe Link will go next.
On the other hand, link has the chance to go to $11 which is the top of the descending channel, and also the golden Fibonacci pocket. $13 is a strong level and we can see a bounce from this level as we did previously.
Patience is key at this moment not only for Link, but also for the entire crypto market. The stochastic RSI says it all, it remains in the neutral area.
Thank for reading, and stay tuned. Enjoy.
Chainlink LinkusdMonthly: Downtrend
Weekly: Broken Downtrend
so we will buy from the daily inside a weekly demand zone
Buy: 13.2 - 13.57
Sell: 17.39
LINKUSD Falling WedgeA breakout that is possibly occurring on LINK
Out of this large falling wedge structure
🆓Chainlink (LINK) Apr-19 #LINK $LINK
LINK has been consolidating around the $13.5-14 zone for the past 1 week and it still holds the $13 zone. The buying power is also increasing so it is ready for a strong rally to the $16, $19 and $22 zones.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 13.5$ zone
🔴Buy : 13.5
🔴Sell : 16 - 19 - 22
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 13.5$ zone
🔵Sell : 13.5
🔵Buy : 12
❓Details
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
LINKUSDT 1HR WK #16Clear example of VSA at work
Ultra high vol (blue volume candle with red arrow)
doji candle on UHV (ultra high volume) & vector candl
Sunday/Monday false move
ChainLink has so much potential!Link is actually the connection between all transactions. Link will allow smart contract to communicate with external sources. Link will also be the connecting piece between blockchains. For example, to make a transaction from erc20 to a bep address, you no longer have to exchange tokens and pay high fees. This is what the Oracle network is called and it is secure and completely decentralized, because of course it is on the blockchain. At the moment many Oracle networks are still in human hands and can be manipulated, but Link is working very hard to decentralize everything. Because link facilitates all these connections, link will be responsible for the security attached to it. Link will thus have a huge amount of power compared to other tokens.
Links market cap is now at $11 billion and I really expect Link to move towards eth. Eth has a market cap of more than $400 billion and will continue to grow significantly. Not this bull run but the bull run after it doesn't surprise me when Link goes his market cap x50-x100.
To do all of this, Link will need access to an enormous amount of data. The organizations that participate will be rewarded with Link tokens and this also determines a part of the price. Node-Operators are called the organizations that get Link tokens and the more operators, the higher the price. BINANCE:LINKUSDT
